S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:PENN

Penn National Gaming Stock Forecast, Price & News

$52.77
-0.42 (-0.79%)
(As of 11/26/2021 12:00 AM ET)
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Compare
Today's Range
$49.54
$53.26
50-Day Range
$51.81
$81.34
52-Week Range
$49.54
$142.00
Volume
3.64 million shs
Average Volume
5.02 million shs
Market Capitalization
$8.95 billion
P/E Ratio
22.84
Dividend Yield
N/A
Beta
2.45
30 days | 90 days | 365 days | Advanced Chart
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Penn National Gaming logo

About Penn National Gaming

Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West, and Midwest, and Other. The Northeast segment consists of properties including Ameristar East Chicago, Greektown Casino-Hotel, and Hollywood Casino Bangor. The South segment operates properties including 1st Jackpot Casino, Ameristar Vicksburg, and Boomtown Biloxi. The West segment includes Ameristar Black Hawk, Cactus Petes and Horseshu, and M Resort. The Midwest segment comprises of properties including Ameristar Council Bluffs, Argosy Casino Alton, and Argosy Casino Riverside. The Other segment manages properties including Freehold Raceway, Retama Park Racetrack, and Sanford-Orlando Kennel Club. The company was founded by Peter M. Carlino in 1982 and is headquartered in Wyomissing, PA.

Headlines

Penn National Gaming (NASDAQ:PENN) Sets New 52-Week Low at $51.17
November 22, 2021 |  americanbankingnews.com
Notable Thursday Option Activity: PENN, SPG, SBUX
November 18, 2021 |  nasdaq.com
Penn National Gaming (NASDAQ:PENN) Hits New 1-Year Low at $55.10
November 16, 2021 |  americanbankingnews.com
Deutsche Bank Upgrades Penn National Gaming to Hold
November 12, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:PENN
CUSIP
70756910
Employees
18,321
Year Founded
1972

Sales & Book Value

Annual Sales
$3.58 billion
Cash Flow
$1.92 per share
Book Value
$17.97 per share

Profitability

Net Income
$-669.50 million
Pretax Margin
9.43%

Debt

Price-To-Earnings

Miscellaneous

Free Float
166,446,000
Market Cap
$8.95 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/03/2022

Social Links


MarketRank

Overall MarketRank

2.32 out of 5 stars

Consumer Discretionary Sector

144th out of 389 stocks

Hotels & Motels Industry

12th out of 35 stocks

Analyst Opinion: 4.3Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

Is Penn National Gaming a buy right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Penn National Gaming stock.
View analyst ratings for Penn National Gaming
or view top-rated stocks.

How has Penn National Gaming's stock price been impacted by Coronavirus (COVID-19)?

Penn National Gaming's stock was trading at $19.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PENN stock has increased by 166.4% and is now trading at $52.77.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Penn National Gaming?

Penn National Gaming saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 9,570,000 shares, a decrease of 21.9% from the October 31st total of 12,250,000 shares. Based on an average daily volume of 5,730,000 shares, the days-to-cover ratio is presently 1.7 days.
View Penn National Gaming's Short Interest
.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for Penn National Gaming
.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc. (NASDAQ:PENN) issued its quarterly earnings data on Thursday, November, 4th. The company reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.84 by $0.32. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. Penn National Gaming had a net margin of 7.22% and a trailing twelve-month return on equity of 13.64%. The firm's quarterly revenue was up 33.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.93 EPS.
View Penn National Gaming's earnings history
.

What price target have analysts set for PENN?

18 Wall Street analysts have issued 1 year target prices for Penn National Gaming's stock. Their forecasts range from $31.00 to $150.00. On average, they anticipate Penn National Gaming's stock price to reach $107.38 in the next twelve months. This suggests a possible upside of 103.5% from the stock's current price.
View analysts' price targets for Penn National Gaming
or view top-rated stocks among Wall Street analysts.

What are Wall Street analysts saying about Penn National Gaming stock?

Here are some recent quotes from research analysts about Penn National Gaming stock:
  • 1. Berenberg Bank analysts commented, " (10/19/2021)
  • 2. According to Zacks Investment Research, "Shares of Penn National have underperformed the industry in the past year. The company reported second-quarter 2021 results, wherein earnings and revenues beat the Zacks Consensus Estimate by 25.8% and 5.7%, respectively. Moreover, both the metrics increased year over year. Notably, the company is confident about its long-term prospects, which will be supported by a differentiated omnichannel approach. Also, partnership with Barstool Sports is likely to drive revenues during the upcoming periods. Penn National continues to evolve toward the new generation of cordless, cashless and contactless technology, collectively known as 3C’s. Meanwhile, the company’s earnings estimates for 2021 have moved up over the past 30 days. However, impacts of the coronavirus pandemic and cut-throat competition in the gaming industry are concerns." (8/10/2021)

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the following people:
  • Jay A. Snowden, President, Chief Executive Officer & Director
  • Todd George, Executive Vice President-Operations
  • Felicia Kantor Hendrix, Chief Financial Officer & Executive Vice President
  • Richard Primus, Chief Information Officer & Senior Vice President
  • Harper H. Ko, Secretary, Chief Legal Officer & Executive VP

What is Jay Snowden's approval rating as Penn National Gaming's CEO?

30 employees have rated Penn National Gaming CEO Jay Snowden on Glassdoor.com. Jay Snowden has an approval rating of 87% among Penn National Gaming's employees.

What other stocks do shareholders of Penn National Gaming own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Penn National Gaming investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), DraftKings (DKNG), QUALCOMM (QCOM), Walt Disney (DIS), Square (SQ), Boeing (BA), Netflix (NFLX) and PayPal (PYPL).

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bamco Inc. NY (6.14%), Geode Capital Management LLC (1.71%), Massachusetts Financial Services Co. MA (1.41%), Citadel Advisors LLC (0.00%), Thrivent Financial for Lutherans (0.48%) and Graham Capital Management L.P. (0.44%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, Christine Labombard, David A Handler, Jane Scaccetti, Jay A Snowden, Peter M Carlino and Saul Reibstein.
View institutional ownership trends for Penn National Gaming
.

Which institutional investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Graham Capital Management L.P., Goldman Sachs Group Inc., BNP Paribas Arbitrage SA, Duquesne Family Office LLC, Renaissance Technologies LLC, Citadel Advisors LLC, Assenagon Asset Management S.A., and Voloridge Investment Management LLC. Company insiders that have sold Penn National Gaming company stock in the last year include Carl Sottosanti, Christine Labombard, David A Handler, Jay A Snowden, Peter M Carlino, and Saul Reibstein.
View insider buying and selling activity for Penn National Gaming
or view top insider-selling stocks.

Which institutional investors are buying Penn National Gaming stock?

PENN stock was purchased by a variety of institutional investors in the last quarter, including Laurion Capital Management LP, Massachusetts Financial Services Co. MA, Jane Street Group LLC, Geode Capital Management LLC, Commonwealth Equity Services LLC, Balyasny Asset Management LLC, Credit Suisse AG, and Thrivent Financial for Lutherans. Company insiders that have bought Penn National Gaming stock in the last two years include Jane Scaccetti, and Jay A Snowden.
View insider buying and selling activity for Penn National Gaming
or or view top insider-buying stocks.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $52.77.

How much money does Penn National Gaming make?

Penn National Gaming has a market capitalization of $8.95 billion and generates $3.58 billion in revenue each year. The company earns $-669.50 million in net income (profit) each year or $2.31 on an earnings per share basis.

How many employees does Penn National Gaming have?

Penn National Gaming employs 18,321 workers across the globe.

Does Penn National Gaming have any subsidiaries?

The following companies are subsidiares of Penn National Gaming: Abradoodle LLC, Absolute Games, Absolute Games LLC, Alton Casino LLC, Ameristar Casino Black Hawk LLC, Ameristar Casino Council Bluffs LLC, Ameristar Casino East Chicago LLC, Ameristar East Chicago Holdings LLC, Ameristar Interactive LLC, Ameristar Lake Charles Holdings LLC, Argosy Development LLC, Argosy Gaming Company, BCV (Intermediate) LLC, BSLO LLC, BTN LLC, Boomtown Biloxi Interactive LLC, Boomtown Casino Biloxi, Boomtown LLC, Bossier Casino Venture LLC, Bullwhackers Casino, CCR Pennsylvania Food Services Inc, CCR Racing Management, CHC Casinos Canada Limited, CHC Casinos Corp., CRC Holdings, CRC Holdings Inc., Cactus Pete’s LLC, Casino Magic Bay St. Louis, Casino Magic LLC, Casino Rama Services Inc., Central Ohio Gaming Ventures LLC, Dayton Real Estate Ventures LLC, Delvest LLC, Development Ventures LLC, Double Bogey LLC, First Jackpot Interactive LLC, Gaming Jet Services LLC, Greektown Casino-Hotel, HC Aurora LLC, HC Bangor LLC, HC Joliet LLC, HWCC-Tunica LLC, Hollywood Casino Corp, Hollywood Casinos LLC, Hostile Grape Development LLC, Houston Gaming Ventures Inc., Illinois Gaming Investors LLC, Indiana Gaming Company LLC, Kansas Entertainment LLC, LVGV LLC, Louisiana Casino Cruises, Louisiana-I Gaming a Louisiana Partnership in Commendam, L’Auberge Interactive LLC, Magnum Pinnacle Interactive LLC, Margaritaville Resort Casino, Marquee by Penn LLC, Maryland Gaming Ventures Inc., Massachusetts Gaming Ventures LLC, Mountain Laurel Racing Inc, Mountainview Thoroughbred Racing Association LLC, PHK Staffing LLC, PM Texas LLC, PNGI Charles Town Gaming LLC, PNK (BOSSIER CITY) L.L.C., PNK (Baton Rouge) Partnership, PNK (LAKE CHARLES) L.L.C., PNK (River City) LLC, PNK (SA) LLC, PNK (SAM) LLC, PNK (SAZ) LLC, PNK Development 33 LLC, PNK Development 7 LLC, PNK Development 8 LLC, PNK Development 9 LLC, PNK Vicksburg LLC, Penn ADW LLC, Penn Hollywood Kansas Inc., Penn Interactive Ventures LLC, Penn NJ OTW LLC, Penn National GSFR LLC, Penn National Holdings LLC, Penn National Turf Club LLC, Penn Online Entertainment LLC, Penn Sanford LLC, Penn Sports Interactive LLC, Penn Tenant II LLC, Penn Tenant III LLC, Penn Tenant LLC, Pennwood Racing Inc., Pinnacle Entertainment, Pinnacle Entertainment Inc., Pinnacle MLS LLC, Pinnacle Retama Partners LLC, Plainville Gaming and Redevelopment LLC, Prairie State Gaming, RIH Acquisitions MS I LLC, RIH Acquisitions MS II LLC, Rocket Games, Rocket Speed Inc., SDGV Staffing LLC, SOKC LLC, San Diego Gaming Ventures LLC, Silver Screen Gaming LLC, St. Louis Gaming Ventures LLC, The Missouri Gaming Company LLC, The Shops at Tropicana Las Vegas LLC, Toledo Gaming Ventures LLC, Tropicana Las Vegas Hotel and Casino, Tropicana Las Vegas Hotel and Casino Inc., Tropicana Las Vegas Inc., Tropicana Las Vegas Intermediate Holdings Inc., Villaggio Development LLC, Washington Trotting Association LLC, Yankton Investments LLC, Youngstown Real Estate Ventures LLC, Zia Park Casino Hotel & Racetrack, Zia Park Interactive LLC, Zia Park LLC, and eBetUSA.com Inc..

When was Penn National Gaming founded?

Penn National Gaming was founded in 1972.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is www.pngaming.com.

Where are Penn National Gaming's headquarters?

Penn National Gaming is headquartered at 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at (610) 373-2400, via email at [email protected], or via fax at 610-373-4966.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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